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20121129
20121207
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MSNBCW 4
CSPAN 2
KQED (PBS) 2
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Search Results 0 to 16 of about 17 (some duplicates have been removed)
on the debt. >>> all the numbers indicate that going off the fiscal cliff would hurt the u.s. economy in the short term. but could it be the best thing in the long run? going off that fiscal cliff. to this point most of the conversation has been focused on what happens in january, and for good reason. there's no deal in congress. tax rates go up for a lot of folks, all americans. and a $1.2 trillion worth of defense and spending cuts will be automatically enacted. excuse me, that fiscal cough i told you about. the alternative minimum tax kicks in and put it all together and the results are pretty. the economy would contract by half a percent in 2013. unemployment would raise to 9.1% and the economy would experience what cbo said would be judged as a recession. but after that, then things start to look pretty good. the cbo says after next year by the agency's estimates economic growth will pick up. the labor market will strengthen returning output to its potential level. 5.5% by 2018. essentially if no deal is struck, the federal government would be forced to do what it's refused to do
full-fledged fiscal cliff. >> chris cizilla, what about bringing up the debt ceiling as they did in this opening bid for the white house. they say that this has to be part of any agreement. the president does not want to face this couple of weeks down the road in january. >> and understandably so, andrea, but i -- i guess you never say never, and so let's put it there. i can't imagine that republicans would give on this -- this is something that has always been done by congress. push back and say something always done by congress and until the last few years was never controversial in the least and looks like it will be controversial certainly the next debt limit in late february, early march. i can't imagine, it seems like a bridge too far. it seems like you put it out there, and use it knowing you're not going to get it, use it as one of the concessions you're willing to give to get to a deal. i'm with chuck. i still remain somewhat optimistic, but i do think there is -- you can make a political argument that going over the fiscal cliff, may be in democrats' best political inte
with business leaders again today to talk about the consequences of going over the fiscal cliff. he's also claiming to call on congressional leaders to make sure we raise the debt ceiling without contention. the white house making the case that extending the bush tax cuts for the middle class is directly connected to the health of our businesses. companies need to know consumers will be able to spend and in his first post-election interview president obama again rejected the house republican counteroffer that is on the table. >> unfortunately the speaker's proposal right now is still out of balance. we're going to have to see the rates on the top 2% go up and we're not going to be able to get a deal without it. >> let's hope he sticks to it. >> g.o.p. leaders aren't only dealing with the president and congressional democrats they're dealing with a split within their own ranks. more conservative republicans don't want party leaders to compromise anymore than they think they already have. even though the republican plan offers u
. here we go with the fiscal cliff and the debt and now they vote down the disabilities act right in front of bob dole in a real wheelchair. we're just like wow. >> absolutely. if anyone wants to make a music video using this song as the background alluding to all of that stuff you're talking about you know, i'm not going to say no. >> stephanie: there you go. >> i can't speak for viacom's lawyers. >> stephanie: no. >> but i'm not going to say no. >> stephanie: here's a fun fact. co-wrote ten of the album songs. who is so handsome and rowic and talented. >> thank you. >> don't be a jerk dates from 2009. the joe wilson thing was happening. it just seemed like rudeness and you know, the lack of manners and civil discourses breaking down. you know, my cowriter, andy and i came up with this phrase, how about a song don't be a jerk, it's christmas. it wasn't jerk as you know, stephanie. it begins with a d and ends with a k and ends with flick but -- >> stephanie: yes. >> three years later it is a whole spongebo
to come to an agreement on the debt ceiling or -- and on the fiscal cliff? forget it. >> it was remarkable to see how this happened yesterday. i will read from john stanton's twitter feed our friend from business feed. i was there -- buzzfeed. his presence could push it over the edge. dole was there watching them vote. after he left the floor, he said the republicans very quietly got up, didn't vote from their desk. they got up quietly walked up to vote. he said that was remarkable because nobody wants that video in a commercial of them voting against bob dole, against people with disabilities. >> yeah, senator moran now, i forget his first name from texas who, i'm sorry from kansas jerry moran of kansas. i think he has the bob dole seat. he put out a press release with john mccain praising the treaty when it was first brought to the senate. he voted against it yesterday. these guys are courts and mean and they don't care. they don't care about the disabled either. my point is, again, this is the gang that the president has got to do bu
people are watching is if they blow up fiscal cliff, if we go over, if this is chaos, if they punt, if it's a small deal, it's going to be a sign that we're not going to get the deficit reduction that we need. >> and that's the challenge for the president. because, yes, he does have all the leverage. we talked about that. he won the election of course. but this is a test of leadership, and the american public does not want to go over that cliff because, by the way, they want the tax cut for the middle class to remain in place. that's the ultimate cliff there and the bottom line is we don't want those to expire. gwen: as we approach it we begin to try to read the tea leaves. he brings the c.e.o.'s to the white house and they had the goldman sachsco guy saying i'm pretty optimistic we'll come up with a deal. and others think we'll good over the cliff. what do we read into that? >> there's a rule that denny has earth enunciated and people are outraged. it's a majority institution. the speaker is not going to put something on the floor that doesn't get a majority of the majority. if john byne
. and provides a 6-point explanation to back it up. is the economy headed for that fiscal cliff? is all of this negotiating dead in the water? let's bring in our panel. monica crowley, radio talk show host and author of monomemo.com. jewelry roginsky former political advisor to senator frank lautenberg of new jersey. both fox news contributors. you say the president is not interested in compromise at all? >> no. i have just wrote a whole book about this called, what the bleep just happened. i traced first four years of his presidency. anytime he proposed a economic proposal or physical proposal it contained the exact same elements, which is tax hikes, more spending, not less, no entitlement reform and pushing up the debt limit as far and as fast as possible. this should come as no big surprise here. it is not a big mystery who this guy is. a pure leftist ideologue who will not compromise. jon: julie, he ran a platform saying let's raise the two top tax rates in this country. if he did that would raise $850 billion in revenue. he is asking for a trillion six. he is asking for twice what
the nation fall off the fiscal cliff. >> republicans need to acknowledge reality here. rates have to go up. earlier in the presidency, obama warneded it could hurt the economy. >> the nation is no longer in recession. and american manufacturing contracted in november for the first time in three months. the president is concerned enough that he proposed tens of billions in new stimulus spending in the debt talks. >> what is the justification for raising taxes? >> the fact of the matter is that it's vitally important that we extent and the president's view make permanent tax cuts for 98% of the american people. >> the president would like to see it done tomorrow and would sign it right away. >> they will put for ending deduction and closing loopholes. >> republicans move a great deal. who was the first person after the election was the speaker who went down and provided the re-knew. >> they blasted the proposal to limit deductions to tell bloomberg television it's unrealistic. >> that means every hospital and university and non-for profit, the agency. across the country would find themselves
to strike a deal before the end of the year on reducing the national debt to avoid that fiscal cliff. republican aid describe the tentative white house proposal this way. $1.6 trillion in revenue presented by secretary treasury secretary timothy geithner and stimulus and $400 billion in medicare and other entitlement savings. a permanent increase in the debt limit. >> so, let's get more on the standoff right now. joining us senator bernie sanders of vermont. he caucuses with the democrats. senator, first of all, congratulations on your re-election. thanks for coming in. republicans say, you know what, they'll be flexible, but the democrats have to be flexible, too, especially when it comes to entitlement spending. medicare, medicaid and even reform. are you open to any of that? >> when republicans talk about being flexible, we have not heard one definitive word to what they mean. second of all, our republican friends look up and understand that this issue of the fiscal cliff was debated during the election and, you know what, mitt romney lost. obama won. the american people are very
with both parties to find common ground. solving the fiscal cliff in a that addresses the true drivers of our debt and saves american jobs will be a great way for the president to start his second term and for the good of our country and my colleagues, we're ready to work with the president to achieve those goals. >> mr. speaker, a couple of things. first, on the issue of tax rates, are you willing to accept no deal that includes some increase in the top tax rates? and i'm also wondering, what our final deadline is on this. >> increasing tax rates draws money away from our economy that needs to be invested in our economy to put the american people back to work. it's the wrong approach. we're willing to put revenues on the table but revenues that come from closing loopholes, getting rid of special interest deduckses and not raising rates we think is better for the economy, pure and simple. secondly, the american people expect us to find common ground, to work together and to resolve this and frankly sooner is better than later. >> you've been doing this for a long time. can you be candi
bag, they foolishly lined up behind the wrong guy. they can be a valuable ally in the fiscal cliff push because they're an important component of the republican party. if business leaders come out and recognizing, we've been through the experience of the debt crisis in 2011, business leaders who care about this, have a lot of money on the line, recognize house republicans are willing to go nuts and wreck the economy if you enlist them, you've put additional pressure on republicans to come to the table and agree to a deal that's more along the lines of what democrats and president obama would like to happen. i think there's -- there's something in it for president obama. >> maybe form a daisy chain with the ceo of caterpillar and pepsico and walk around. >> not touching that one. >> interesting optical political kabuki theater. as moderate republicans join the critical corous over susan rice, we'll look at rice resume on "now." so anyway, i've been to a lot of places. you know, i've helped alot of people save a lot of money. but today...( sfx: loud noise of metal object hitting the
got props. the clinton era rates which america will return to in january unless the fiscal cliff is resolved. it brought more revenues than at any point in the 1980s. thank you. [ applause ] >> grover! >> stephanie: norquist and maria commented this is a different environment than the 1990s. grover said we got four years of bad regulation, higher taxes. he wants to add more taxes to the tea party too. it will starve tea party i if obama pushes us over the cliff. [ screaming ] >> can't just wait for tea party three. >> probably about 150 billion. >> stephanie: that would be bad. okay. oh, let's see. phillip in durham disagrees with everything i say. about everything? >> ever! >> stephanie: hi, phillip. >> caller: hi, stephanie. look. appreciate the show. i think you have not been fair to the facts and let me just ask you from the -- what we're talking about -- >> stephanie: the facts are oversensitive in my opinion. >> caller: that's why you're better as a comedian than a political pundit. >> stephanie:
and that of money. >> you can talk with oklahoma senator tom coburn about the fiscal cliff, affordable care act, and the future of the republican party on book tv. the senator has written several books including his latest "the debt bomb." join our conversation with your calls, e-mails, tweets, and comments with medical doctor and senator tom coburn. live sunday on c-span 2. >> he worked his way up into harvard law school and then at the urging of his brother in the great western illinois -- immigrated west to illinois, where the lead mining industry was in its heyday. he arrived by stagecoach and train and arrived on steamboat in this muddy mining town. he boarded himself in a log cabin, established a law practice in the log cabin, and slowly worked his way up and became a very successful lawyer. he then got involved politically, ran for congress, serve for eight terms, and then befriended abraham lincoln, obviously from illinois. then ulysses s. grant. as they were on the rise, washburn stayed with them in a close colleague during the civil war. after grant was elected president, he initially
have no idea how we're going to pay for them. we have a fiscal cliff which we describe now that everybody's talking about at the end of this year, that's not the cliff. the cliff is the unsustainable debt we have. and unless, in my estimation, a lot of economists, you're not going to put us on a path to prosperity unless you take about $9 trillion out over the next ten years. and we're barely talking $4 trillion. >> yeah, nobody's talking $9 trillion. >> yeah. and $9 trillion is the only thing that actually solves this. so we're sitting here as a country, we have made commitments that have to be rearranged and made more efficient. we have a tax structure that is subpar to what we need for our economy in terms of our historical averages. and nobody's talking long run. everybody's talking december 31st. >> i know. you see john boehner's proposal, he was very critical of the president's proposaproposal, it nonstarter, but boehner comes out talking cutting $2.2 trillion. you talk about $9 trillion needed over the next ten years. look at the past four years. we've almost added $
norquist said, john. >> which time. >> stephanie: this is the latest time regarding the fiscal cliff negotiation. >> sound byte: they can have him on a rather short leash on a small--here's your allowance come back next month if you have behaved. >> you're proposing that the debt ceiling be increaseed month by month. monthly if he's good. weekly if he isn't. >> wow. how can you tell when they're being racist or tribalist. it's hard to tell. >> stephanie: put a leash on the president of the united states. if he's good--that's not too condescending or racist, we're vomitous. >> what authority does he have to tell the president to do anything. >> the second most powerful guy who runs the republican party after limbaugh. >> stephanie: andrew. >> caller: i want to make a comment about republicans blocking obama's progress. everybody needs to go to www. www.saundersdotsenate.gov and overturn the united petition. republicans will always block obama's progress because they want to protect their sugar daddy campaign donors from higher taxes. >> stephanie: yes. when i asked earlier who they w
Search Results 0 to 16 of about 17 (some duplicates have been removed)